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RADAR

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uuid00003o2

Namestring
RADAR
Websiteurl
goradar.com
Company typeenum
Private
Founded yearint
2013
Descriptiontext

RADAR (operated by Automaton, Inc.) is a retail technology company that builds a proprietary, ceiling-mounted RFID sensor platform combined with AI analytics software to deliver real-time, item-level inventory tracking inside physical stores. The system reads tagged items continuously, producing a full inventory snapshot every 8 seconds and processing more than 100 billion item-level events per day, with the company reporting 99% item-level inventory accuracy versus less than 70% baseline. The platform underpins multiple retail workflows — replenishment, omnichannel fulfillment, loss prevention, assortment and labor optimization, fitting-room analytics (Fitting Room Intelligence), floor-set planning (Floor Set IQ), and checkout-free shopping (Autonomous Checkout).

The company sells into large enterprise retail chains through a direct, sales-led go-to-market motion, with a phone-based purchase CTA on its website, quote-based pricing, and multi-thousand-store chain rollouts. Named enterprise customers include American Eagle Outfitters and Old Navy (Gap Inc.), with the platform deployed across 1,400+ stores as of 2026, growing at roughly 100 new store locations per month.

RADAR is venture-backed, with $170 million in Series B funding closed in May 2026 at a $1 billion valuation led by Gideon Strategic Partners and Nimble Partners, following an earlier $30 million Series A led by Align Ventures. The business is now expanding geographically into Canada, EMEA, and Latin America, and has added senior leadership — including a CFO (ex-Nuro), CTO, and SVP of RFID Center of Excellence (ex-PVH/Lululemon) — to support global enterprise deployment.

Short descriptiontext

RADAR is a retail technology company that builds proprietary ceiling-mounted RFID sensors and AI analytics software to deliver real-time, item-level inventory tracking for enterprise retail chains, deployed across 1,400+ stores.

Operating statusenum
Unknown
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
RFID inventory tracking, retail intelligence platform, item-level analytics, loss prevention technology, store performance analytics
Industry1 code
1Barcode Scanners & Data Capture Devices (1D/2D/RFID Readers)
CodeHDACAKACPrimaryYes
NAICS code1 code
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
SIC code2 codes
  • Measuring & Controlling Devices, Nec3829
  • Industrial Instruments For Measurement, Display, And Control3823
Product category
Retail Inventory Intelligence
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1RFID hardware + software deployment to retailers
TypeSubscription Recurring
Description

Revenue generated by deploying proprietary ceiling-mounted RFID sensors and AI analytics software into retail stores. Deployed across 1,400+ stores, with the company accelerating onboarding at ~100 new locations per month. Model is consistent with a recurring/sensor-as-a-service enterprise deployment to large retail chains.

startupi.com.br
2Hardware sales (RFID sensor units)
TypeHardware Sales
Description

Sales of proprietary ceiling-mounted RFID sensor hardware as part of the fully-integrated hardware and software solution. Customer purchase initiated via direct sales call (phone CTA on website).

goradar.com
3Autonomous checkout and AI analytics expansion
TypeManaged Services
Description

Use of Series B funding to develop autonomous checkout, advance next-generation sensor hardware, and expand AI analytics capabilities — pointing to additional productized revenue streams layered on top of the core inventory intelligence platform.

wwd.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Quote-based enterprise pricing; no public tiers or price points listed.
ModelOther
Notes

Pricing model is not publicly disclosed. The website directs prospects to call (408) 290-5213 to purchase, consistent with custom enterprise quotes for large retail chains. Quote-based / not publicly disclosed; no public tiers or price points listed

goradar.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

RADAR provides a fully integrated hardware-and-software retail intelligence platform that uses proprietary ceiling-mounted RFID sensors combined with AI analytics to deliver real-time, item-level inventory visibility inside retail stores. The platform powers use cases including automated cycle counts, fitting room analytics, floor set compliance, loss prevention, and adjacent capabilities such as autonomous checkout for large retail chains.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 99% item-level inventory accuracy vs <70% baseline
+4 more records
Product overview1 text field

RADAR (operated by Automaton, Inc.) offers a single, fully-integrated AI-powered retail intelligence platform — a hardware-plus-software solution built on proprietary ceiling-mounted RFID sensors and analytics software — as its core offering. The core platform delivers real-time, item-level inventory tracking with 99% accuracy and powers several distinct capabilities and modules, including its core RFID-based inventory intelligence, an autonomous checkout feature, and AI add-on modules Fitting Room Intelligence and Floor Set IQ that extend the platform to fitting-room analytics and floor-set optimization. The platform is also supported by an internal RFID Center of Excellence that drives global deployments across retailers.

Product and service3 records
1RADAR RFID-Powered Retail Intelligence Platform
CategoryRetail Inventory Intelligence Platform
Description

An integrated hardware-and-software platform for large retail chains that uses proprietary ceiling-mounted RFID sensors and AI analytics to provide real-time, item-level inventory tracking, automated cycle counts, and operational analytics across stores. Sold on a multi-year enterprise basis to apparel and specialty retailers including American Eagle, Old Navy, and Lojas Renner.

2Fitting Room Intelligence
CategoryRetail Analytics Module
Description

An AI analytics module on the RADAR platform that uses sensor and computer-vision data to measure item-level interactions inside fitting rooms, providing retailers with conversion analytics and product-level insights to inform merchandising and store operations.

3Floor Set IQ
CategoryRetail Analytics Module
Description

An AI analytics module on the RADAR platform that uses item-level RFID data to monitor planogram and floor set compliance in real time, flagging deviations so store teams can keep merchandising execution aligned with the intended plan.

Scale indicator12 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Impinj is a leading provider of RFID tags, readers, and software for retail inventory visibility. It is the most direct competitor to RADAR's RFID-based item-level retail intelligence platform, targeting the same apparel and specialty retailers.

TypeBroad incumbent
Description

Zebra Technologies is a large enterprise hardware and RFID solutions provider with deep retail relationships. It competes with RADAR through RFID readers, scanners, and retail analytics offerings, but its portfolio spans logistics, manufacturing, and healthcare beyond retail.

TypeDirect peer
Description

SML Group provides end-to-end RFID tagging and inventory intelligence solutions specifically built for retail, including item-level tagging and store-level RFID software. It directly competes with RADAR for enterprise retail RFID deployments.

TypeBroad incumbent
Description

Avery Dennison is a global RFID inlay and tag manufacturer with a growing retail intelligence software portfolio. It supplies the foundational RFID tags that retailers tag inventory with, positioning it as both a potential partner and competitor to RADAR's sensor-and-software platform.

TypeDirect peer
Description

Nedap offers RFID-based retail inventory management solutions, including !D Cloud software, for apparel and specialty retailers globally. It directly competes with RADAR on item-level inventory visibility in enterprise retail.

TypeDirect peer
Description

Checkpoint Systems (a CCL Industries company) provides RFID-based inventory intelligence and loss-prevention solutions for retail. It competes directly with RADAR on in-store RFID visibility and shrink reduction for apparel and specialty chains.

TypeBroad incumbent
Description

Sensormatic Solutions provides retail loss-prevention, inventory intelligence, and RFID solutions to global retailers. It overlaps with RADAR on shrink reduction and item-level visibility but operates as a broader retail operations portfolio within Johnson Controls.

TypeEmerging player
Description

Trigo builds computer-vision-based autonomous checkout and store analytics for grocery and retail. It is an adjacent competitor to RADAR's autonomous checkout capability, addressing overlapping retailer pain points through a different sensor stack.

TypeEmerging player
Description

Zippin provides checkout-free retail technology using sensor fusion and AI for autonomous store experiences. It competes with RADAR's autonomous checkout module while serving a similar enterprise retail buyer.

10Standard AI
TypeEmerging player
Description

Standard AI offers autonomous checkout using ceiling-mounted cameras and AI for retail. It is a partial overlap competitor to RADAR, addressing the same autonomous checkout opportunity with a computer-vision approach rather than RFID.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds17 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors16 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

RADAR

Retail Inventory Intelligencegoradar.com

RADAR is a retail technology company that builds proprietary ceiling-mounted RFID sensors and AI analytics software to deliver real-time, item-level inventory tracking for enterprise retail chains, deployed across 1,400+ stores.

What RADAR does

RADAR (operated by Automaton, Inc.) is a retail technology company that builds a proprietary, ceiling-mounted RFID sensor platform combined with AI analytics software to deliver real-time, item-level inventory tracking inside physical stores. The system reads tagged items continuously, producing a full inventory snapshot every 8 seconds and processing more than 100 billion item-level events per day, with the company reporting 99% item-level inventory accuracy versus less than 70% baseline. The platform underpins multiple retail workflows — replenishment, omnichannel fulfillment, loss prevention, assortment and labor optimization, fitting-room analytics (Fitting Room Intelligence), floor-set planning (Floor Set IQ), and checkout-free shopping (Autonomous Checkout).

The company sells into large enterprise retail chains through a direct, sales-led go-to-market motion, with a phone-based purchase CTA on its website, quote-based pricing, and multi-thousand-store chain rollouts. Named enterprise customers include American Eagle Outfitters and Old Navy (Gap Inc.), with the platform deployed across 1,400+ stores as of 2026, growing at roughly 100 new store locations per month.

RADAR is venture-backed, with $170 million in Series B funding closed in May 2026 at a $1 billion valuation led by Gideon Strategic Partners and Nimble Partners, following an earlier $30 million Series A led by Align Ventures. The business is now expanding geographically into Canada, EMEA, and Latin America, and has added senior leadership — including a CFO (ex-Nuro), CTO, and SVP of RFID Center of Excellence (ex-PVH/Lululemon) — to support global enterprise deployment.

RADAR firmographics

Firmographics
Name
RADAR
Website
https://goradar.com
Company type
Private
Founded year
2013
Operating status
Unknown
Headcount range
101–250 employees
Short description
RADAR is a retail technology company that builds proprietary ceiling-mounted RFID sensors and AI analytics software to deliver real-time, item-level inventory tracking for enterprise retail chains, deployed across 1,400+ stores.
Ownership category
akta.pro rank

RADAR industry classification

Industry
Product category
Retail Inventory Intelligence
NAICS
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
SIC
Measuring & Controlling Devices, Nec (3829), Industrial Instruments For Measurement, Display, And Control (3823)
akta.pro primary industry
Barcode Scanners & Data Capture Devices (1D/2D/RFID Readers) (HDACAKAC)

Keywords

  • RFID inventory tracking
  • Retail intelligence platform
  • Item-level analytics
  • Loss prevention technology
  • Store performance analytics

Where RADAR is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices1 record

Markets served

RADAR business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. RFID hardware + software deployment to retailers: Revenue generated by deploying proprietary ceiling-mounted RFID sensors and AI analytics software into retail stores. Deployed across 1,400+ stores, with the company accelerating onboarding at ~100 new locations per month. Model is consistent with a recurring/sensor-as-a-service enterprise deployment to large retail chains.
  2. Hardware sales (RFID sensor units): Sales of proprietary ceiling-mounted RFID sensor hardware as part of the fully-integrated hardware and software solution. Customer purchase initiated via direct sales call (phone CTA on website).
  3. Autonomous checkout and AI analytics expansion: Use of Series B funding to develop autonomous checkout, advance next-generation sensor hardware, and expand AI analytics capabilities — pointing to additional productized revenue streams layered on top of the core inventory intelligence platform.

Pricing tiers

ModelBillingPrice
Other—Quote-based enterprise pricing; no public tiers or price points listed.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

RADAR product offering

Product offering

Core offering

RADAR provides a fully integrated hardware-and-software retail intelligence platform that uses proprietary ceiling-mounted RFID sensors combined with AI analytics to deliver real-time, item-level inventory visibility inside retail stores. The platform powers use cases including automated cycle counts, fitting room analytics, floor set compliance, loss prevention, and adjacent capabilities such as autonomous checkout for large retail chains.

Product overview

RADAR (operated by Automaton, Inc.) offers a single, fully-integrated AI-powered retail intelligence platform — a hardware-plus-software solution built on proprietary ceiling-mounted RFID sensors and analytics software — as its core offering. The core platform delivers real-time, item-level inventory tracking with 99% accuracy and powers several distinct capabilities and modules, including its core RFID-based inventory intelligence, an autonomous checkout feature, and AI add-on modules Fitting Room Intelligence and Floor Set IQ that extend the platform to fitting-room analytics and floor-set optimization. The platform is also supported by an internal RFID Center of Excellence that drives global deployments across retailers.

Differentiator

Problem solved

Functional benefit

Products and services

  • RADAR RFID-Powered Retail Intelligence Platform An integrated hardware-and-software platform for large retail chains that uses proprietary ceiling-mounted RFID sensors and AI analytics to provide real-time, item-level inventory tracking, automated cycle counts, and operational analytics across stores. Sold on a multi-year enterprise basis to apparel and specialty retailers including American Eagle, Old Navy, and Lojas Renner.
  • Fitting Room Intelligence An AI analytics module on the RADAR platform that uses sensor and computer-vision data to measure item-level interactions inside fitting rooms, providing retailers with conversion analytics and product-level insights to inform merchandising and store operations.
  • Floor Set IQ An AI analytics module on the RADAR platform that uses item-level RFID data to monitor planogram and floor set compliance in real time, flagging deviations so store teams can keep merchandising execution aligned with the intended plan.

Quantifiable outcome

  • 99% item-level inventory accuracy vs <70% baseline
  • +4 more outcomes

Companies that use RADAR

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles1 record

RADAR technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

RADAR partnerships and signals

Strategic signal

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

RADAR competitors and assessment

Company assessment

Direct peers

  • Impinj: Impinj is a leading provider of RFID tags, readers, and software for retail inventory visibility. It is the most direct competitor to RADAR's RFID-based item-level retail intelligence platform, targeting the same apparel and specialty retailers.
  • SML Group: SML Group provides end-to-end RFID tagging and inventory intelligence solutions specifically built for retail, including item-level tagging and store-level RFID software. It directly competes with RADAR for enterprise retail RFID deployments.
  • Nedap: Nedap offers RFID-based retail inventory management solutions, including !D Cloud software, for apparel and specialty retailers globally. It directly competes with RADAR on item-level inventory visibility in enterprise retail.
  • Checkpoint Systems: Checkpoint Systems (a CCL Industries company) provides RFID-based inventory intelligence and loss-prevention solutions for retail. It competes directly with RADAR on in-store RFID visibility and shrink reduction for apparel and specialty chains.

Broad incumbents

  • Zebra Technologies: Zebra Technologies is a large enterprise hardware and RFID solutions provider with deep retail relationships. It competes with RADAR through RFID readers, scanners, and retail analytics offerings, but its portfolio spans logistics, manufacturing, and healthcare beyond retail.
  • Avery Dennison: Avery Dennison is a global RFID inlay and tag manufacturer with a growing retail intelligence software portfolio. It supplies the foundational RFID tags that retailers tag inventory with, positioning it as both a potential partner and competitor to RADAR's sensor-and-software platform.
  • Sensormatic Solutions (Johnson Controls): Sensormatic Solutions provides retail loss-prevention, inventory intelligence, and RFID solutions to global retailers. It overlaps with RADAR on shrink reduction and item-level visibility but operates as a broader retail operations portfolio within Johnson Controls.

Emerging players

  • Trigo: Trigo builds computer-vision-based autonomous checkout and store analytics for grocery and retail. It is an adjacent competitor to RADAR's autonomous checkout capability, addressing overlapping retailer pain points through a different sensor stack.
  • Zippin: Zippin provides checkout-free retail technology using sensor fusion and AI for autonomous store experiences. It competes with RADAR's autonomous checkout module while serving a similar enterprise retail buyer.
  • Standard AI: Standard AI offers autonomous checkout using ceiling-mounted cameras and AI for retail. It is a partial overlap competitor to RADAR, addressing the same autonomous checkout opportunity with a computer-vision approach rather than RFID.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

RADAR social profiles

Digital presence

RADAR financial estimates

Financial estimate

Revenue estimate

Valuation estimate

RADAR leadership team

Management profile

Number of profiles

Profiles5 records

RADAR funding detail

Funding detail

Funding overview

Funding rounds17 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

RADAR M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RADAR

What does RADAR do?

RADAR provides a fully integrated hardware-and-software retail intelligence platform that uses proprietary ceiling-mounted RFID sensors combined with AI analytics to deliver real-time, item-level inventory visibility inside retail stores. The platform powers use cases including automated cycle counts, fitting room analytics, floor set compliance, loss prevention, and adjacent capabilities such as autonomous checkout for large retail chains.

Is RADAR a public or private company?

RADAR is a private company. It is classified as venture growth investor backed and is currently unknown.

When was RADAR founded?

RADAR was founded in 2013. It employs 101 to 250 people.

Where is RADAR based?

RADAR is headquartered in New York, United States, in the North America region.

How does RADAR make money?

Three revenue lines are on record. RFID hardware + software deployment to retailers are the primary driver. The others are hardware sales (RFID sensor units) and autonomous checkout and AI analytics expansion.

Who are RADAR's main competitors?

Direct peers on record are Impinj, SML Group, Nedap and Checkpoint Systems. Broad incumbents are Zebra Technologies, Avery Dennison and Sensormatic Solutions (Johnson Controls). Emerging players are Trigo, Zippin and Standard AI.

Does RADAR have an API?

No public API is recorded for RADAR.

What industry is RADAR in?

RADAR's product category is Retail Inventory Intelligence. Its primary akta.pro industry code is HDACAKAC, Barcode Scanners & Data Capture Devices (1D/2D/RFID Readers). Its NAICS code is 33451 and its SIC code is 3829.

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Live signals
citybizRADAR Joins Auburn University RFID Lab Advisory BoardRADAR joined the Auburn University RFID Lab Advisory Board to influence RFID standards and research. Its overhead RFID platform indexes over 55 million products and processes 130 billion tag reads daily across 1,700 stores. The company plans to expand with user behavior analytics.San Diego Union-TribuneSan Diego biotechs outperform San Francisco’s but can’t raise moneySan Diego biotech companies delivered stronger investment returns than their San Francisco and Boston counterparts in 2025, with an 18.2% acquisition rate versus 9.5% in San Francisco and $1.75 returned per dollar invested versus $1.05 in the Bay Area, yet the region raised only $804 million in the second quarter — the third-lowest of the decade. Major deals included a $171 million raise for Radar (AI-powered retail intelligence platform) and $111 million for Rakuten Medical's Alluminox cancer treatment platform, while A-tier venture funds in San Diego plummeted from 13 in 2022 to just two last year amid a broader shift of capital toward AI-focused San Francisco startups. Despite these strong local exits — including Cidara Therapeutics' $9 billion sale to Merck and Crinetics Pharmaceuticals' pending $10 billion acquisition by Vertex — investor attention remains concentrated elsewhere, with Bay Area startups raising over $93 billion in the same quarter.GreenbookThe Infrastructure Shift: Why Everyone's Buying Data CompaniesPublicis announced the acquisition of LiveRamp for $2.2 billion in cash, representing a strategic data integration play to build infrastructure and unlock value across its businesses. Separately, Qualtrics completed its acquisition of Press Ganey Forsta for $6.75 billion, positioning itself as a vertically integrated healthcare data player amid SaaS sector pressures. The episode also covered additional industry moves including RADAR's $170M Series B funding at $1B valuation for retail shelf sensors, Meta's reorganization of 7,000 workers toward AI workflows, and the U.S. government's $2 billion commitment to quantum computing infrastructure.PYMNTS.comRADAR Wants to Make the Physical Store as Smart as Its WebsiteRADAR, a retail technology company, raised $170 million in Series B funding co-led by Gideon Strategic Partners and Nimble Partners, with participation from Align Ventures, achieving a $1 billion valuation. The company's AI-powered inventory intelligence platform uses ceiling-mounted sensors to provide 99% item-level inventory accuracy and is deployed in over 1,400 stores, including American Eagle and Old Navy, targeting the gap between physical store inventory records and actual product availability. Founder and CEO Spencer Hewett stated that the clearest return for retailers using RADAR is out-of-stock reduction, with broader applications including loss prevention, assortment optimization, and labor planning.PYMNTS.comThe Era of Guessing What’s on the Shelf Is OverWalmart's AI shopping assistant Sparky has doubled its weekly active users and generates larger average basket sizes than non-users, with Walmart U.S. recording nine consecutive quarters of digital growth above 20%. The retailer is now collecting new in-store data signals—including app usage, shopper conversations with staff, and signals from services like urgent care and auto repair—to better tie shopper intent to shelf availability. Retail intelligence startup Radar raised $170 million at a $1 billion valuation to address the same challenge of outdated store data infrastructure, deploying ceiling-mounted RFID sensors that read tagged items every 8 seconds across more than 1,400 stores.ForbesRadar Reaches A $1 Billion Valuation On The Bet That It Can Supercharge Physical ShopsRadar, a sensor system startup that tracks store inventory using RFID technology, closed a $170 million Series B funding round valuing the company at $1 billion, with Nimble Partners and Gideon Ventures co-leading the investment alongside participants including Y Combinator, Align Ventures, and American Eagle CEO Jay Schottenstein. The company's ceiling sensors achieve 99% inventory accuracy compared to less than 70% without the system, and customers including nearly 1,500 American Eagle and Old Navy stores report 10% or more in-store revenue growth. Radar is deploying to approximately 100 new locations per month and plans to accelerate customer onboarding beyond its previous pace of one retailer per year.ForbesThe Newest AI Unicorn Is Coming For The Retail IndustryRadar, a retail technology startup founded by Forbes Under 30 lister Spencer Hewett, announced a $170 million Series B funding round led by Gideon Ventures and Nimble Partners, valuing the company at $1 billion and earning unicorn status. The startup provides ceiling-installed sensors that track store inventory with 99% accuracy, enabling brick-and-mortar retailers to access ecommerce-level customer data, with customers reporting 10% or more in in-store revenue growth. Additional AI tools including Fitting Room Intelligence and Floor Set IQ have been launched to further help physical retailers optimize their stores.